The government of Newfoundland and Labrador has introduced an amendment to the Pension Benefits Act (PBA), requiring plan sponsors to fully fund any deficits on…
A recent decision of the Ontario Court of Appeal serves as a reminder that directors and officers may have different duties and obligations depending on…
The new measures introduced in Bill 30 mean that Quebec plan sponsors will need to prepare for upcoming changes in pension plan funding and administration.…
DC plan sponsors should enjoy the simplicity, but manage the risks. The late 1990s witnessed an exodus by employers from traditional defined benefit (DB) pension…
Pension surplus: whose money is it anyway? The pension plan surplus ownership debate began with the Dominion Stores case in 1986—a debate that is alive…
More than a year after the implementation of Bill 30, Quebec’s plan sponsors and pension comm ittees remain in a state of tranquility. But it…
Holders of third-party asset-backed commercial paper (ABCP) overwhelmingly approved a restructuring plan in a vote on Friday. Approximately 96% of the noteholders voted in favour…
After voting in favour of the asset-backed commercial paper (ABCP) market restructuring plan on Friday, retail investors are looking forward to getting their money back,…
The Ontario Superior Court of Justice has ruled that the third-party asset-backed commercial paper (ABCP) noteholder vote can go ahead on Friday. Justice Colin Campbell…
According to Benefits Canada, total assets in Canadian registered pension plans passed the $1 trillion mark earlier this decade. A question often asked by plan…
Hydro One’s appeal to the Ontario Divisional court regarding pensions was dismissed recently, marking a second legal defeat for the utility company in a year.…
With experts predicting an impending labour shortage due to the mass retirement of baby boomers, Quebec’s provincial government has introduced a bill aimed at smoothing…
The Quebec Court of Appeal has struck down a lower court’s decision on multi-employer pension plans that denied plan sponsors a provision which linked funding…
U.S. plan sponsors face a wave of litigation and proposed new regulations concerning fees charged to members in DC pension plans. Could Canadian plan sponsors…
Investors that hold third-party asset-backed commercial paper (ABCP) will have the opportunity to vote on the restructuring plan on April 25, according to a statement…
The Ontario Superior Court of Justice has granted an application by The Pan-Canadian Investors Committee for Third-Party Structured asset-backed commercial paper (ABCP) under the provisions…
The Pan-Canadian Investors Committee for third-party structured asset-backed commercial paper (ABCP) expects to file an application Monday in the Ontario Superior Court of Justice under…
After months of digging through research and mining public opinion, the Ontario Expert Commission on Pensions offers some hope for the future of defined benefit…
When a purchaser buys the shares of a business the purchaser takes not only the assets but the liabilities as well, as there is no…
Two industry experts weigh in on the DB vs DC debate: advantages and disadvantages, plan sponsor and member perspectives, and the future viability of both…
Three experts have been appointed to review Nova Scotia’s pension benefits legislation. The province announced it would reivew its legislation in November. Bill Black, former…
The January 31, 2008 announcement that the Supreme Court of Canada has agreed to hear an appeal of the Kerry case regarding pension plan expenses…
The Ontario Court of Appeal’s unanimous June 5, 2007 decision in Kerry (Canada) Inc. v. DCA Employees Pension Committee was welcomed by many sponsors of…
Initiatives such as the Carbon Disclosure Project highlight the growing concern about greenhouse gas emissions. Companies and pension fund investors should keep a close eye…
The Supreme Court of Canada has granted leave to appeal in the Elaine Nolan, et al. v. Kerry (Canada) et al. case. Plaintiffs had sought…